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mel-nik [20]
3 years ago
6

Suppose the economy is operating at a point where output is less than the natural level of output. Which of the following statem

ents is correct given this information?
a) the price level is less than the expected price level.
b) the unemployment rate is less than the natural unemployment rate.
c) the price level will be higher next period than this period.
d) all of the above.
e) none of the above.
Business
1 answer:
laiz [17]3 years ago
3 0

Answer: a) the price level is less than the expected price level.

Explanation:

When the actual output in an economy is lower then the natural output it is called a Contractionary Gap and the price level will be lower.

This is because the Short Run Aggregate Supply Curve and the Demand curve will intersect at a lesser quantity which will equate to a lower price as well because the economy is producing less and the people are demanding less as well so the point at which they meet will be a lesser price.

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Suppose the civilian non-institutionalized working age population is 35.9 million in Laborland.
DanielleElmas [232]

Answer: a. 24.05 million

b. 66.99%

c. 4.62 million

d. 19.21%

Explanation:

a. Total Labor force is the sum total of people who are employed and those who are actively looking for work. The Bureau of Labor Statistics defines actively looking for work as looking for work int he past 4 weeks.

= Part-time workers + full time workers + those who looked for work in the past 2 weeks + those who looked for work in the past 2 - 4 weeks

= 4.9 million + 14.53 million + 2.90 million + 1.72 million

= 24.05 million

b. labor force participation rate is the percentage of a country's non-institutionalized working age population that are actively looking for work. Its formula = \frac{total labor force}{non-institutionalized working age population} X 100

Laborland's labor force participation rate (%) = \frac{24.05 million }{35.9 million }X 100

= 66.99%

c. Unemployed  People by the standards of the Bureau of Labor Statistics are the people who have looked for work in the past 4 weeks and are still employed. That is  those who looked for work in the past 2 weeks + those who looked for work in the past 2 - 4 weeks.

= 2.90 million + 1.72 million

= 4.62 million

d. Unemployment rate is the percentage of the labor force that are actively looking for work and are still out of work.

Unemployment rate = \frac{unemployed}{labor force} x 100

= \frac{4.62 million}{ 24.05 million} x 100

=19.21%

8 0
3 years ago
An initial deposit of $5000 is put into an account that earns 4% interest, compounded annually. Each year, an additional deposit
Ne4ueva [31]

Answer:

$60,030.54

Explanation:

5 0
2 years ago
Gerald’s manufacturing firm sold goods worth $6,000 to some customers on credit in the month of January. His customers plan to p
GREYUIT [131]

Answer:

The cash accounting systems

Explanation:

The cash accounting systems recognize incomes and expenses when paid is received, or when payments are made. Revenue is recorded when customers make payments against an invoice, and expenses recorded when the business pays its payable. The cash accounting system is also called cash basis accounting.

The cash basis accounting system is mostly used by small business organizations.  Gerald's manufacturing firm uses the cash accounting system because transactions are recorded when money goes in or out of business. The cash basis is not recommended for large business organizations.

3 0
3 years ago
The present value of cash flow will be greater if we compound less frequently holding the stated interest rate constant. a. true
Fittoniya [83]

The present value of cash flow will be greater if we compound less frequently holding the stated interest rate constant.  true

<h3>What is interest rate constant?</h3>

A proportion that compares a loan's annual debt service to the sum of its principal is known as a loan constant. The annual debt service is divided by the total loan amount to determine a loan constant. Borrowers can compare the loan constants of several loans when looking for a loan before choosing one. The loan with the lowest loan constant will have reduced debt service obligations, resulting in a shorter length of time during which the borrower will pay less in interest and principal. Only loans with fixed interest rates are subject to loan constants; loans with variable interest rates are not.

A loan constant is a ratio that illustrates the annual debt service of a loan in relation to the entire loan principal.

To learn more about interest rate constant from the given link:

brainly.com/question/9232010

#SPJ4

7 0
1 year ago
A document that describes the following items would be most likely called a :_________.
bazaltina [42]

Answer: a. Customer Persona

Explanation:

A customer persona simply refers to information relating to the life of a person. It includes their demographic information such as their gender, age and marital status and it includes some psychographic information as well such as personality.

Customer personas help marketers group people and their buying behavior so that they can be better targeted for the goods and services being sold based on their demographic and psychographic information.

3 0
2 years ago
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